PUBLISHER: The Business Research Company | PRODUCT CODE: 1769829
PUBLISHER: The Business Research Company | PRODUCT CODE: 1769829
Automotive rigid steering columns are non-adjustable components that provide a strong and direct connection between the steering wheel and the steering mechanism. Known for their simple construction and high durability, they are widely used in vehicles where long-term reliability and cost-efficiency are critical. Their robust design ensures consistent and dependable steering control over time.
The primary types of automotive rigid steering columns are upper steering columns and lower steering columns. The upper steering column links the steering wheel to the intermediate shaft and houses essential components such as the ignition switch and steering lock, playing a crucial role in steering initiation and driver safety. These columns are made from various materials, including steel, aluminum, plastic, and composite materials, and incorporate different technologies like traditional mechanical columns, electromechanical steering columns, and smart steering columns. They are used in a range of applications, including commercial and passenger vehicles, and serve multiple end-users such as original equipment manufacturers, aftermarket suppliers, and automotive service providers.
The automotive rigid steering columns market research report is one of a series of new reports from The Business Research Company that provides automotive rigid steering columns market statistics, including automotive rigid steering columns industry global market size, regional shares, competitors with a automotive rigid steering columns market share, detailed automotive rigid steering columns market segments, market trends and opportunities, and any further data you may need to thrive in the automotive rigid steering columns industry. This automotive rigid steering columns market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The automotive rigid steering columns market size has grown strongly in recent years. It will grow from $6.91 billion in 2024 to $7.29 billion in 2025 at a compound annual growth rate (CAGR) of 5.5%. The growth during the historic period can be attributed to the increasing adoption of low-cost vehicles, the expansion of light-duty and utility vehicles, the rise of shared mobility services, growth in vintage and classic car restorations, and a surge in vehicle exports.
The automotive rigid steering columns market size is expected to see strong growth in the next few years. It will grow to $8.92 billion in 2029 at a compound annual growth rate (CAGR) of 5.2%. The growth projected for the forecast period can be attributed to rising demand for enhanced vehicle safety systems, increasing adoption of electric power steering systems, the global rise in electric vehicle usage, and growing automotive production. Key trends during this period include technological advancements, sensor integration, adoption of collapsible rigid steering columns, integration of electronic steering locks, and the adoption of electric tilt mechanisms.
The rising adoption of electric and autonomous vehicles is expected to fuel the growth of the automotive rigid steering columns market going forward. Electric and autonomous vehicles are powered by electricity and utilize advanced technologies to operate with minimal or no human intervention. The growth of these vehicles is driven by environmental concerns, as they offer cleaner transportation options that reduce emissions and help combat climate change. Automotive rigid steering columns play a crucial role in supporting electric and autonomous vehicles by providing a compact, durable, and stable steering interface that facilitates seamless integration with electronic control systems. For example, in December 2024, the National Highway Traffic Safety Administration (NHTSA), a US-based government agency, projected that there will be 4.5 million self-driving vehicles on US roads by 2030. Additionally, in January 2024, Kelley Blue Book, a US-based Cox Automotive company, reported that electric vehicles (EVs) accounted for 7.6% of the total US vehicle market in 2023, up from 5.9% in 2022. Therefore, the increasing adoption of electric and autonomous vehicles is driving the growth of the automotive rigid steering columns market.
Key companies in the automotive rigid steering columns market are developing advanced products such as electronically controlled steering columns to support the integration of advanced driver-assistance systems (ADAS). Electronically controlled steering columns use electronic mechanisms to manage steering adjustments, enhancing precision and compatibility with modern vehicle technologies. For instance, in October 2022, JTEKT Corporation, a Japan-based automotive manufacturer, introduced a lightweight and compact motorized rake, tilt, and telescopic steering column. This system allows automatic adjustment of the steering wheel both vertically (tilt) and horizontally (telescopic) through a single switch. It features innovations like a simplified energy absorption (EA) structure for improved crash safety and a link-type tilt mechanism that reduces column height by 30%. These improvements optimize interior space around the driver's knees, improve fuel efficiency, and enhance overall vehicle ergonomics.
In May 2022, NSK Ltd., a Japan-based manufacturer of highly rigid automotive steering columns, formed a partnership with Thyssenkrupp AG to combine technological expertise and strengthen competitiveness in the automotive steering systems market. This collaboration aims to address global customer needs and tackle challenges in steering system innovation. Thyssenkrupp AG is a Germany-based automotive technology company.
Major players in the automotive rigid steering columns market are ZF Friedrichshafen AG, Thyssenkrupp AG, Aisin Seiki Co. Ltd., Schaeffler Group, JTEKT Corporation, NSK Ltd., Mando Corporation, Leopold Kostal GmbH & Co. KG, Kongsberg Automotive, JLG Industries Inc., COBO Group, Yamada Manufacturing Co. Ltd., R.H. Sheppard Co. Inc., Pailton Engineering Ltd., IDIDIT LLC, Swaraj Automotive Pvt. Ltd., Rane Holdings Limited, Coram Srl, Godrej Enterprises, and Namyang Nexmo Co. Ltd.
North America was the largest region in the automotive rigid steering columns market in 2024. The regions covered in automotive rigid steering columns report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the automotive rigid steering columns market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The automotive rigid steering columns market consists of sales of manual rigid steering columns, energy-absorbing rigid steering columns, and collapsible rigid steering columns. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Automotive Rigid Steering Columns Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on automotive rigid steering columns market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for automotive rigid steering columns ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The automotive rigid steering columns market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.